prudential authority

 
Reserve Bank could sell its stake in African Bank in two years
Reserve Bank could sell its stake in African Bank in two years
The South Africa Reserve Bank (SARB) is likely to sell its stake of African Bank in the coming two years, provided the bank is financially sound...
Court orders liquidation of VBS
Court orders liquidation of VBS
Beleaguered VBS Mutual Bank was liquidated on Tuesday following a court order by the high court in Pretoria.
Explainer: Lessons from the collapse of VBS
Explainer: Lessons from the collapse of VBS
The South African Reserve Bank placed VBS, a small mutual bank, under curatorship in March this year against a backdrop of a serious liquidity...
VBS needs to be wound up ‘urgently’
VBS needs to be wound up ‘urgently’
The final death knell sounded for defunct VBS Mutual Bank this week as the prudential authority of the South African Reserve Bank applied to...
Final death knell for VBS, as liquidation application launched
Final death knell for VBS, as liquidation application launched
The prudential authority, which regulates South Africa’s banks, has applied to court to liquidate and finally wind up VBS Mutual Bank, it said in...

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